421 W Troy Street Ferndale, MI 48220
Listing Courtesy of: REALCOMP / Real Broker Berkley

  421 W Troy Street Ferndale, MI 48220

Active (5 Days)
$359,000
2
BATH
1,334
SQFT

Description

Welcome to one of the best blocks in Ferndale—where charm, community, and convenience come together in a city known for its vibrant energy and eclectic spirit. Ferndale is for fun, and this fantastic multi-family property places you right in the heart of it all. Just steps from downtown, with its local shops, dining, coffeehouses, and nightlife, this home is an ideal opportunity for both savvy investors and owner-occupants alike. Both leases are up this Fall. The second floor tenant pays $1,100 and may want to renew. The property features numerous updates for modern living, including newer windows, roof, and furnace. The interiors have been freshly painted, and the lower unit’s updated kitchen shines with quartz countertops and a clean, contemporary feel. Central air conditioning ensures comfort during warm summer months, while a newer front porch adds welcoming curb appeal. Whether you’re looking for dual-rental income, multigenerational living, or want to convert the property into a spacious single-family home with an upstairs primary suite, this home offers versatile possibilities. The partially finished basement includes a separate room that can be used for storage, office space, or additional living area. Special added features include a carport, garden boxes, storage shed, and all appliances round out the list of thoughtful extras. Licensed as a rental with the City of Ferndale, this property is a turnkey income generator in one of Metro Detroit’s most sought-after and walkable communities. Don’t miss your chance to own a well-appointed, flexible-use home in a location that truly has it all. Schedule your private showing today and see how fun and functional Ferndale living can be.

MLS #:
20251020081
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1924
School District
Ferndale
County
Oakland County

Listed By

Nancy R Robinson, Real Broker Berkley
Source
REALCOMP
Last checked Aug 2 2025 at 10:43 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Cable Available
  • Circuit Breakers
  • Laundry Facility
  • High Spd Internet Avail
Subdivision
  • Elsinore
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Partially Finished
Pool Information
  • 0
Exterior Features
  • Lighting
  • Fenced
  • Roof: Asphalt
Utility Information
  • Utilities: Public (Municipal)
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Fuel: Natural Gas
Stories
  • 1 1/2 Story
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 Curran & Oberski and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 RealComp MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/4/24 07:12